MUMBAI: The National Stock Exchange of India Limited (NSE) on Friday cautioned investors and traders against dealing with unauthorised individuals offering stock market tips and assured returns, flagging cases involving online platforms.
The exchange said it has come across a person identified as 'Nitin', operating a Telegram channel named 'Everyday Power Of Stocks', who is allegedly providing securities market tips, promising guaranteed returns and offering account handling services to investors.
In a separate case, the NSE flagged an individual named 'Satendra Dubey', associated with an entity called 'Wealth Trading', for allegedly providing dabba or illegal trading services through multiple online platforms, including a website, mobile application, and social media platforms like Facebook groups and Instagram.
The exchange clarified that the individual is not registered as a trading member or an authorised person with any of its registered members.